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it's loaded with chavez supporters. >> yeah. exactly. >> what's the chance that the next guy could be as much of an ideologue? >> an ideologue? probably 100%. somebody who can hold everything together the way he did, nearly impossible, right? i mean, cuba post castro, venezuela post chavez, the same question, right? there's nobody else out there that's got that same -- chavez has piles and piles of charisma. i've met him. he's incredibly charming. i hated hip as i met him, but i understood why he would be so appealing to people. keep in mind what he's done -- remember, first half of last year, the oil company had $60 billion in revenue. chavez took $18 billion and spent it on free housing, free medical care, free food, et cetera, et cetera. >> you saw how much production they have. they have $200 billion to spend if they -- >> yes, exactly. but he wanted to be re-elected, right? >> basically he's splitting up a much smaller pie more evenly. love how that work. >> exactly. in the meantime, now the official statistics say that the
it's loaded with chavez supporters. >> yeah. exactly. >> what's the chance that the next guy could be as much of an ideologue? >> an ideologue? probably 100%. somebody who can hold everything together the way he did, nearly impossible, right? i mean, cuba post castro, venezuela post chavez, the same question, right? there's nobody else out there that's got that same -- chavez has piles and piles of charisma. i've met him. he's incredibly charming. i hated hip as i met him, but...
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. >>> it is now confirmed that chavez will not be attending his inauguration. tomorrow is the big day but the 58-year-old president has been undergoing cancer treatment in cuba. so he can't take the oath of office in person. that has been raising questions about his legitimacy. the constitution isn't clear on whether the president can be sworn in on another day or who should be in charge in the meantime. the ruling has been issued by the supreme court there. he did leave for a fourth cancer surgery in cuba last month. he has since been battling a severe lung infection. the supreme court just in the last hour or so saying the inauguration can be postponed which is a window of opportunity to his many supporters. the opposition said that wasn't legal. the court has ruled. >>> a four-month heat wave in australia has sparked massive bush fires. we will look at how climate change is wreaking havoc down under. stay with us. ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new
. >>> it is now confirmed that chavez will not be attending his inauguration. tomorrow is the big day but the 58-year-old president has been undergoing cancer treatment in cuba. so he can't take the oath of office in person. that has been raising questions about his legitimacy. the constitution isn't clear on whether the president can be sworn in on another day or who should be in charge in the meantime. the ruling has been issued by the supreme court there. he did leave for a fourth...
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when hugo chavez first got sick, venezuelan bonds rallied dramatically, because people thought, okay, there's now going to be more investment back in the oil infrastructure, that means there will be more likely to pay back the money. in the short term if you look to the right, yields have risen again because in the short term, this could lead to chaos. they have the largest reserves in the western hemisphere when it comes to oil. moving on to north korea. we now have video, google executive chairman, eric schmidt, touring a computer lab in north korea, along with the former governor bill richardson who organized the trip. this is the entrance to the grand people's study house. and you'll see them looking at north korean individuals who happen to be allowed to be on the internet. we know it's very few of north koreans are actually allowed to be on the internet. eric schmidt has not spoken to the cameras, but bill richardson has. he said they're to push for the country's end to nuclear ambitions. and also to push for the expansion of technology. >> expand the internet, expand cell phone
when hugo chavez first got sick, venezuelan bonds rallied dramatically, because people thought, okay, there's now going to be more investment back in the oil infrastructure, that means there will be more likely to pay back the money. in the short term if you look to the right, yields have risen again because in the short term, this could lead to chaos. they have the largest reserves in the western hemisphere when it comes to oil. moving on to north korea. we now have video, google executive...
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. >> rally for press hu chavez. chavez has had four cancer operations and his health is fragile. chavez is supposed to be inaugurated for a new tomorrow next week. well could the damage caused by superstorm sandy lead to criminals escaping justice that is the fear in new york where the storm's impact could be worse than anyone imagined.! slp ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums >> superstorm sandy did not just disrupt millions people's lives, it now threatens court cases in the new york city system. here is mary snow. >> this flood damage warehouse right on new york harbor, can actually clog the city's over flowing criminal system for years to come. it sits in an area of brooklyn devastated by superstorm sandy. inside it, there's thousands of police evidence that cannot be touched. >> significant flooding has been taken place. no question about it, we are trying to sort through it and you know, assess the total damage. it's -- it'
. >> rally for press hu chavez. chavez has had four cancer operations and his health is fragile. chavez is supposed to be inaugurated for a new tomorrow next week. well could the damage caused by superstorm sandy lead to criminals escaping justice that is the fear in new york where the storm's impact could be worse than anyone imagined.! slp ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you...
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Jan 8, 2013
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breaking news right now on hugo chavez. let's get to our international correspondent michelle caruso-cabrera. >> it's official. hugo chavez will not be sworn in as the leader of venezuela on january 10th as it was supposed to occur. he's still in havana being treated for cancer. the story goes as follows. the vice president says -- of venezuela says he's either spoken or received a letter from chavez saying the doctors won't permit him to go to the inauguration and doctors asked that they delay the inauguration and this could very well set off a constitutional crisis in venezuela. the opposition is going to say this is not allowed. why do we care? second largest reserves in the world when it comes to oil. the biggest in the western hemisphere. they have got refineries actually right here in the united states. they supply 8% of our supply in any given year. just because he's sick or just because he's not inaugurated doesn't mean we get that oil but any instability certainly raises question about supply. maria, back to you. >
breaking news right now on hugo chavez. let's get to our international correspondent michelle caruso-cabrera. >> it's official. hugo chavez will not be sworn in as the leader of venezuela on january 10th as it was supposed to occur. he's still in havana being treated for cancer. the story goes as follows. the vice president says -- of venezuela says he's either spoken or received a letter from chavez saying the doctors won't permit him to go to the inauguration and doctors asked that they...
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Jan 5, 2013
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. >>> venezuelanan's rally today for hugo chavez. chav chavez's health is tragedy i will following his fourth cancer operation. the next update on the president's health will come in a few days. chavez is supposed to be inaugurated for a new term next week. today venezuelanan lawmakers re-elected a speaks of the national assembly. the move could signal support as a possible successor. however, chavez has said he wants his vice president to succeed him. >>> well, the fiscal cliff deal not going over so well with the majority of americans. a new poll finds more disapprove than approve of the new deal. 43% say it's okay. 45 do not. 12% have no opinion. along party lines, two-thirds of democrats gave their okay to the compromise bill which, among other things, taxes the wealthier at higher rates. but almost two-thirds of republicans, they're unhappy over the deal. gallup also found none of the political leaders involved in the fiscal cliff showdown got a favorable rating. house speaker john boehner scoring the worst. >>> the battle over
. >>> venezuelanan's rally today for hugo chavez. chav chavez's health is tragedy i will following his fourth cancer operation. the next update on the president's health will come in a few days. chavez is supposed to be inaugurated for a new term next week. today venezuelanan lawmakers re-elected a speaks of the national assembly. the move could signal support as a possible successor. however, chavez has said he wants his vice president to succeed him. >>> well, the fiscal...
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chavez enough time. the other option is maybe he is sworn in in front of the supreme court even if the supreme court has to travel to havana, cuba, where he underwent cancer surgery. >> this has all the earmarks after a power struggle that's going to be created, especially if chavez were to die. is that wa we're starting to see play out? >> it is a possibility. so far what we have seen especially when it comes to his loyalists is a very unified showing the world that they are unified behind the figure of president chavez who they say is the legitimate president. he won the electionses with 54% of the vote on october 7 and as far as they're concerned, he will come back and take office at a later date. >> let's talk about the potential implications for the united states here. what are they? >> a lot of people say venezuela, who cares right here in the united states. well, after canada, mexico, and saudi arabia, venezuela is the fourth largest oil supplier to the united states. >> a lot of oil. >> not only
chavez enough time. the other option is maybe he is sworn in in front of the supreme court even if the supreme court has to travel to havana, cuba, where he underwent cancer surgery. >> this has all the earmarks after a power struggle that's going to be created, especially if chavez were to die. is that wa we're starting to see play out? >> it is a possibility. so far what we have seen especially when it comes to his loyalists is a very unified showing the world that they are...
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the supreme court of venezuela has ruled that the inauguration of hugo chavez can be delayed. we have live pictures of that decision being announced by the supreme court of venezuela and asked questions of reporters here. we have that video, right? and this means that he will not be grated tomorrow and per his request. the vice president of the country said he received a request yesterday of chavez to wait until he's able to come back finishing recovering from the cancer treatment in cuba. scott, back to you. >> thanks so much. >>> meantime, herbalife back in the headlines today as two activist titans clash over the quaen. dan loeb's point revealing a stake in the firm after dan ackman's short position. herb greenberg is following it from the beginning and, herb, look, you were just here last week telling us about an activist against ackman. >> this is really -- the kind of battle you don't traditionally see, scott. what i find fascinating about it is, look, you know, you don't know why loeb is there until he tells he is there. it will be interesting to see if he says he's don
the supreme court of venezuela has ruled that the inauguration of hugo chavez can be delayed. we have live pictures of that decision being announced by the supreme court of venezuela and asked questions of reporters here. we have that video, right? and this means that he will not be grated tomorrow and per his request. the vice president of the country said he received a request yesterday of chavez to wait until he's able to come back finishing recovering from the cancer treatment in cuba....
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venezuela's supreme court has discussed plan toes delay venezuela's hugo chavez's inauguration. this as the opposition party steps up calls for the careta r caretaker. at the same time, bonds have rallied on speculation that a government transition could soon be under way. joining us with his thoughts, neal sherring. good to see you. >> good morning. >> what is going to happen in venezuela? >> i think it's very difficult to say with any precision as to what is going to happen next. i think what we can say is the expectations that we're going to get somehow a smooth transition for the current socialist@administration to a more market friendly administration, i think they're going to be disappointed. wa we've seen in the world over the past few years, is these transitions, when they do happen, are rarely smooth. there's always bumps along the way. i think actually if you look at the rally we've had in bond yields, as the bond markets -- >> down to five-year lows. >> down to five-year lows, but they start to sell off over the past couple of days. and i think that reflected a growin
venezuela's supreme court has discussed plan toes delay venezuela's hugo chavez's inauguration. this as the opposition party steps up calls for the careta r caretaker. at the same time, bonds have rallied on speculation that a government transition could soon be under way. joining us with his thoughts, neal sherring. good to see you. >> good morning. >> what is going to happen in venezuela? >> i think it's very difficult to say with any precision as to what is going to happen...
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. >>> venezuela's supreme court says hugo chavez can delay his gnawing race. - inauguration. he was scheduled to take the oath for his fourth term as president tomorrow but he remains in havana, cuba. he is sufficient iring severe health complications following his fourth cancer-related surgery last month. >>> transcanada the builder of the keystone pipeline, is announcing plans for a $5 billion natural gas pipeline. it will extend to western canada to a liquified gas terminal on the pacific coast. it is expected to be operating in the year 2018 pending approval from the regulators. melissa: coming up, apple is reportedly building a lower end iphone. isn't that just like the iphone 4? i'm sort of kidding, i'm sort of not. we'll talk about what this may mean for the smartphone market. >>> plus one of monopoly's iconic game pieces is about to get the boot. how players can help decide which one will no longer pass go to replacements are awesome. do you ever have too much monopoly money? ♪ >> everybody wants to know what i'm on. what am i on? i'm on my bike, busting my ass six
. >>> venezuela's supreme court says hugo chavez can delay his gnawing race. - inauguration. he was scheduled to take the oath for his fourth term as president tomorrow but he remains in havana, cuba. he is sufficient iring severe health complications following his fourth cancer-related surgery last month. >>> transcanada the builder of the keystone pipeline, is announcing plans for a $5 billion natural gas pipeline. it will extend to western canada to a liquified gas terminal...
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state department is wishing president hugo chavez a quote, speedy recovery from his latest bought with cancer. he has been in poor health since undergoing cancer surgery in cuba last month. >>> iraq's oil crisis intensifying. kurdistan is exporting crude to global markets through turkey without permission from iraq's central government. officials in baghdad called the exports illegal. an oil payment dispute broke out between the two governments in december. >>> mastercard said its u.s. gasoline demand slipped to the lowest level since it began tracking data in july of 2004. that is so interesting. drivers purchased $7.82 million barrels of gas last week, down nearly 3% year-over-year. are we carpooling? is the economy bad? all questions. >>> all right. going, going, gone. super bowl tv ad slots are sold out!, sold out, selling for a record $4 million a pop. what should companies do to make sure their commercials aren't a total bust? a top marketing expert gives us his insight next. >>> plus florida prepares for a huge python hunting contest, i can't wait, in the everglades. i'm putting
state department is wishing president hugo chavez a quote, speedy recovery from his latest bought with cancer. he has been in poor health since undergoing cancer surgery in cuba last month. >>> iraq's oil crisis intensifying. kurdistan is exporting crude to global markets through turkey without permission from iraq's central government. officials in baghdad called the exports illegal. an oil payment dispute broke out between the two governments in december. >>> mastercard said...
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ashley: i'm thinking hugo chavez, who's going to be running the country, he's not well, why do you like this? >> first, venezuela's own fundamentals, you know, it's a socialist country. they waste a lot of money, but they have cheap oil, and they have a lot of it. so their ability and willingnesses to pay -- ashley: always there. >> yeah, it's always there, and spreads are generous. ashley: so you're not concerned about unrest, you know, political issues and unrest in general? >> well, you know, we're definitely watch events as they occur, but there is a chance that if there's a regime change, it could be good for the country, and that would really help our bonds. ashley: corporate asset classes, what are we talking about? >> we love em corporate asset class this year. they lagged a little bit the sovereigns last year, i think they're really going to do well. we like a little bit of, i mean, investment grade and high-yield both, we love russian corporates across the board. they offer generous spreads compared to their counterparts -- ashley: interesting, yeah. >> turkish banks. ashley:
ashley: i'm thinking hugo chavez, who's going to be running the country, he's not well, why do you like this? >> first, venezuela's own fundamentals, you know, it's a socialist country. they waste a lot of money, but they have cheap oil, and they have a lot of it. so their ability and willingnesses to pay -- ashley: always there. >> yeah, it's always there, and spreads are generous. ashley: so you're not concerned about unrest, you know, political issues and unrest in general?...
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. >>> in venezuela officials say president hugo chavez has a severe lung infection and is "fighting for his health" right now. despite rumors that the 58-year-old won't be able to be inaugurated to his fourth term next week, the vice president says chavez can always take the oath at a later time. >>> famed italian designer i haver toia -- vitoria mussoni and his family went missing in a plane friday morning shortly after takeoff over the lo los roquez islands. the family has been informed while search and rescue efforts continue. >>> new details emerging about the fatal gang rape of a 23-year-old medical student in me to delhi. a horrific crime that led to protests in india. the victim's male friend who was also attacked is speaking out for the first time about this. here's what he told reuters. >> translator: from where we boarded the bus, they took us around for two, 2 1/2 hours, across overpasses, through all of delhi. then they dropped us below an overpass. then they tried to run over us. we had no clothes. >> so far, five men have been charged with murder, rape, and kidnapping in t
. >>> in venezuela officials say president hugo chavez has a severe lung infection and is "fighting for his health" right now. despite rumors that the 58-year-old won't be able to be inaugurated to his fourth term next week, the vice president says chavez can always take the oath at a later time. >>> famed italian designer i haver toia -- vitoria mussoni and his family went missing in a plane friday morning shortly after takeoff over the lo los roquez islands. the...
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hugo chavez almost dead. venezuela bans gun ownership. i am thinking peers morgan may have a new job opening. stuart: we hear you. thank you very much. nissan gets a $1.4 billion taxpayer loan from the government but with japan be willing to do the same for general motors or ford? that is next. orhould focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, it's how we make sense of investing. maybe you want to incorporate a business. orrotect your family with a will or living trust. nd you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. stuart: nissan is a japanese company that gets a $1.4 billion loan from the federal government. and all electric version of the leaf car right here. let me ask you this. charles and jedediah belar, do you
hugo chavez almost dead. venezuela bans gun ownership. i am thinking peers morgan may have a new job opening. stuart: we hear you. thank you very much. nissan gets a $1.4 billion taxpayer loan from the government but with japan be willing to do the same for general motors or ford? that is next. orhould focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and think time make a difference. at edward...
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. >>> the washington post with hugo chavez bedstricken and battling cancer. the u.s. is working to make inroads. american diplomats are preparing for a post-chavez venezuela while trying to make progress with the drug-trafficking infrastructure and growing relationship with iran. >>> "usa today," the fda will consider heavier regulation for the popular painkiller vicodin which has for years seen widespread abuse. the d.e.a. recommended it be classified with other heavily used drugs like oxycontin. patients who need vicodin could increase the number of times they have to visit their doctor by limiting the number of pills that can be prescribed at each visit. >>> "the chicago tribune," president obama's acceptance of corporate donations from companies like at&t at the inauguration marks a shift. the paper writes, quote, the relaxed rules reflect how obama has largely dropped his efforts to curb the role of money in politics because he once vowed to make central to his presidency. >>> with us now, the chief white house correspondent with "politico," mr. mike allen with a
. >>> the washington post with hugo chavez bedstricken and battling cancer. the u.s. is working to make inroads. american diplomats are preparing for a post-chavez venezuela while trying to make progress with the drug-trafficking infrastructure and growing relationship with iran. >>> "usa today," the fda will consider heavier regulation for the popular painkiller vicodin which has for years seen widespread abuse. the d.e.a. recommended it be classified with other...